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March 22, 1987

MONOGRAM, STAR SOFTWARE AGREE TO MERGE TO FORM MICRO ACCOUNTING SOFTWARE MAJOR

By CBR Staff Writer

Two privately-held Los Angeles area software companies, Monogram Software Inc and Star Software Systems Inc have agreed to merge to create one of the largest suppliers of microcomputer-based accounting and financial management software for small business and personal use. Monogram chairman John Porter claims that the combined installed user base will exceed 325,000. Monogram’s flagship product, the Dollars and Sense personal accounting and record keeping package, has more than 225,000 personal and business users. Star’s most popular programs, The Accounting Partner series, have more than 100,000 small business users, he assets. Under the terms of a letter of intent, Monogram and Star plan to merge through an equal exchange of stock, to take effect in mid-April. The new company will be headquartered at Star’s current facility in Torrance, California. Monogram was founded in 1982 to develop and publish financial software products for personal and small business markets on the IBM Personal, Apple II and Macintosh, and Atari ST computers. Star Software Systems, founded in 1980 as Star Computer Systems Inc, develops small business microcomputer accounting, billing, word processing, property management and database software.

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